Month: September 2022

290 posts

Trade Talk – September/October 2022

Jefferies Announces Strategic Transactions Including Agreement To Sell Idaho Timber Meridian, ID—Jefferies Financial Group Inc. (“Jefferies”) has agreed to sell Idaho Timber, headquartered here, in two transactions at a combined sale price of $239 million, resulting in an estimated pre-tax gain of $140 million. These transactions were expected to close in August. “Finally, we note […]

Quebec/Ontario Business Trends – September/October 2022

In SPF, a Quebec producer noted, “We were off for a few weeks and we just came back, to adverse market conditions. It is a bit easier for smaller mills to navigate. We sold everything before the shutdown. Like other mills, we built an order file and now we are facing prices that are $100 […]

Southeast Business Trends – September/October 2022

Ask a lumberman in the South how his market is, and the answer will vary depending on what type of company you’re talking to. A wholesaler in Mississippi stated, “Our business conditions are still good. Sales are good. I would say it’s tempered down just a little bit from the best months we’ve had. Last […]

West Coast Business Trends – September/October 2022

At the time of this writing things have slowed for West Coast producers seemingly across the board. Pricing volatility, which is exacerbating hand to mouth orders, is being driven by a number of factors including the price of oil and gas, the recent BC stumpage increase, and the soon to be duty reduction for most […]

Midwest Business Trends – September/October 2022

In the Midwest region, strength remains in the Softwood lumber business, but there is some slowing down. A sawmill spokesman from Texas stated, “Our market has still been pretty active, pretty strong. All our production is moving at current, competitive pricing.” Relative to a few months earlier, he remarked, “I would say it’s flat. It’s […]

Inland West Business Trends – September/October 2022

Softwood sales in the Inland West region show some strength, but the outlook is questionable. A manufacturer of Softwood lumber in Idaho stated, “We’re seeing changes in the marketplace. It’s still good for us. We’ve seen the prices decline and we expect volatility in the future. But we’re also seeing production difficulties with many mills […]

Northeast Business Trends – September/October 2022

The markets for Softwood lumber are strong or steady in the Northeast. “The market has stayed very good so far even considering inflationary pressures,” said a sawmill representative in Maine. “It seems like our product in our marketplace is doing very well still and business has been – not what I would say COVID-like crazy […]

Retail Review – September/October 2022

84 Lumber Opens Its First Store In Michigan Eighty Four, PA— 84 Lumber, one of the nation’s largest privately-held building materials suppliers, recently announced the opening of its newest store in Commerce Charter Township, MI. This is the company’s first store in the state of Michigan. The brand new 42,000 square foot facility includes an […]

New Research Highlights How Mass Timber Schools Benefit Students And Staff

New report explores how mass timber schools could boost well-being, cut carbon, and remain flexible without breaking the bank. How can we build schools that are adaptable, while supporting student well-being and learning? What role can biophilic design and mass timber play? And how do we cut carbon, while delivering better schools faster, without breaking […]

2021 APA Safety And Health Award Winners Announced

Program Honors Manufacturers’ Dedication to Workplace Safety and Operational Excellence APA – The Engineered Wood Association has announced the winners of its 2021 Safety and Health Awards. The APA Safety and Health Awards Program is the premier safety award program for the engineered wood products industry in North America. It encourages and recognizes operational excellence […]